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Consultant To Analyze Pan And Fork Proposal

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Basalt has hired a consultant to analyze the financials of a potential development on the controversial Pan and Fork property.

Elhers is a public finance advisor; the company is currently examining Tim Belinski’s plan for townhomes and several commercial buildings on the property in downtown Basalt.

Elhers is trying to identify any “red flags” in Belinski’s plan. It’s also analyzing what it’ll cost the town to do business with Belinski.

In addition, it's tasked with figuring out what are some of the other initiatives, like childcare, that the town might need to forgo if it spends its money investing in the development agreement.

Elhers will present a more complete financial analysis to the town in March.

 

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